To be clear, the current analyst consensus price target for NEU is $26.13, which is obviously more than double what the stock is currently trading at. The highest analyst price target is $31.44.
At $18.60, Macquarie’s is the lowest price target.
As Little T has said, that’s “very conservative”.
Shame that Macquarie doesn’t display the same level of restraint when it comes to their executive remuneration. Paying your CEO $30m p.a. is anything but conservative.
NEU Price at posting:
$12.51 Sentiment: Hold Disclosure: Held
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